RV Shipment have best month since October 2018

RV manufacturer sees a surge in shipment for the month of June, as a result, the stocks of companies that make recreational vehicles (RV) are recording positive moves today.  The stock of Thor Industries (THO) which makes RVs is up by 3.5 % and other stocks that are in the same sector are also seeing similar moves. 

RV Seller Stocks 

• Thor Industries (THO) selling at $115.53, + 3.5 %
• Winnebago Indus (WGO) is trading at $63.29 per share,  + 2.11%
• Camping World (CWH) is trading at $37.06 per share,   +5.61%
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Thor Industries 

Thor industries stock was down from around $80 to $40, a 50% move downward when the market was down as a result of coronavirus. The stock price has since gone up and it's now at $155 per share. People still need to move around the country, therefore some people are settling for an RV in other to maintain social distancing rather than getting on airplanes. 

Winnebago Industries, Inc is another stock that is having a good shipment month, and shipments mean orders are coming in. March 22, WGO stock was trading at $22 per share, today it's trading at $63.27.

Camping world holding, Inc is another RV manufacturing complaining that is seeing an increase in shipment. Will this transpire to a longer-term profit for investors? time will tell. 

“All dealers are reporting a high mix of first-time buyers as evident by lack of trade-in units,” said Wells Fargo analyst Tim Conder in a July 15 note. “Dealers are saying as high as 80% of customers are first-time buyers ... vs. the typical 25% mix. The pandemic is driving the purchase decision for new-entrants.

June Recreational Vehicle (RV) shipment report 

Year over year change 

• Overall + 11%
• Towables + 13 %
• Motorhomes. - 10%